| Minimum Balance | Annual Fee | Internet Banking | Features | |
|---|---|---|---|---|
BBK Current Account
|
Minimum Balance: KWD 0 | Annual Fee: KWD 0 | Internet Banking: No | Features: Free Cheque Book, Free Monthly Statements, Multiple Currencies, No Salary Transfer, Current Account, Deposit Multiple Currencies, Bank Statement |
A financial relationship with BBK begins with a Current Account which is available in Kuwaiti Dinars as well as in major foreign currencies and it includes a variety of services.
BBK Current Account Features:
BBK Current Account Features:
- Unlimited number of deposits and withdrawals
- Cheque book
- Monthly account statements
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
